Sharon Scott sent a message to Dan Schulman – President and CEO of PayPal – Email Address that said:
Dear Mr. Schulman,
I have been a member of Paypal for many years. Please state on your website that if a customer is sending money to someone who has just created an account that day, that there is a 24 hr. delay in them having access to their funds.
I had a family member create a paypal account today, I sent the money, it\'s been deposited in his wallet, however he will not have access to those funds (bank account) until 11 am PST tomorrow. Had I known he wouldn\'t have access immediately, I would have done something different.
Just please add this to your paypal information for someone who is setting up a new account.
Thank you, and have a nice day.